William Jasin
Collecting Sales Taxes, Advice Needed
I am setting up an LLC. My attorney said I can use 1 LLC for all my business but I don't know if she is thinking about all the tax consequences. Under the LLC I am going to have 2 DBAs. One is for my wholesale and fli...
Bradford Mills
California 2020: Duplex vs. ADU
I am looking to convert a single family home (SFH) into either a duplex or an ADU. This is my first house, first duplex, first purchase using the VA loan. I need help identifying the pros and cons of each strategy, AD...
Tarn Peralto
Lot Flip Cape Coral, Fla
Hey Guys,Have vacant lots opportunity in Cape Coral, Fla. owner needs to close in 14 days.Asking 50% less than market which is at $32K+ per lot.Closing is quick, need help and advice.Tarn
Tyler Austin
reselling foreclosed land
This may not be an opportunity, but wondering if anyone has any experience reselling foreclosed land to end buyers?
My literal question: I found land offered by my county that did not sell at foreclosure auction so ...
Jordan Archer
Tax Deed Sale Questions
I've been wholesaling, and want to expand to bidding on tax deeds, which I will then wholesale. I have the following questions:1. Can you purchase tax deeds with hard money?2. Are there any seasoning requirements befo...
Tyler D.
Building a new property instead of buying one?
The town I live in has gotten quite expensive, with the average home price around $350k, and rents at around 1200. However, land is fairly cheap, and I found a pair of half-acre plots for 50k each. I'm thinking about ...
Account Closed
First Deal - Am I missing anything?
I'm in the process of closing on a propery in East Michigan. the property is as follows- 1960 13X70 on it's on land- Lot is 5,000 square feet- It's on town water and sewer- It currently rents out for $400/monthThe ask...
Jack Tucker
Determining market value of vacation rental? $6200 income in Nov
The question has come up in this string about what the market price may be on this property? I'm familiar with commercial and residential comp valuation for SFRs and MFs, but are vacation rentals a different animal? I...
Wendy Black
Determining the Quality of an HOA
We live in AZ; have rentals in CA. Both of our SoCal rentals (one condo, one SFR) are in HOA areas. In two years, we've never had any problems with them. We bought them as newbies, and all we looked at were the fee...
Benjamin Ford
Basement Apartment Rentsal
I currently live in Falls Church, Virginia (Fairfax County) and am thinking about converting my basement into an apartment and renting it out. I think there may be Fairfax county rules against this, but I am wondering...